SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(MARK ONE)

  X      Quarterly Report pursuant to Section 13 or 15(d) of the Securities
-----    Exchange Act of 1934

         For the quarterly period ended November 30, 2000.

         Transition report pursuant to Section 13 or 15(d) of the Securities
-----    Exchange Act of 1934

For the transition period from      to
                              -----    -----

Commission File No.     000-27225
                    ----------------

                                  ENETPC, INC.
         --------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)



            Minnesota                                      41-1427445
   ------------------------------                     -------------------
   (State or other jurisdiction of                     (I.R.S. Employer
    incorporation or organization)                    Identification No.)




6825 Shady Oak Road, Eden Prairie, Minnesota                 55344
---------------------------------------------          ------------------
(Address of principal executive offices)                  (ZIP Code)


Issuer's telephone number, including area code:          (952) 943-1598
                                                       ------------------


              ----------------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report)




Indicate by check mark whether the issuer (1) has filed all reports  required to
be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during
the past 12 months (or for such  shorter  period that the issuer was required to
file such reports), and (2) has been subject to such filing requirements for the
past 90 days. Yes X No

         The  number of shares  of the  issuer's  Common  Stock  outstanding  at
November 30, 2000 was 4,691,496 shares.



<PAGE>
<TABLE>
<CAPTION>


                                                      ENETPC, INC.

                                                    TABLE OF CONTENTS

                                                                                                             Page No.
                                                                                                            -----------
                                               Part I. Financial Information

<S>               <C>                                                                                       <C>
Item 1.           Financial Statements

                  Balance Sheets as of November 30, 2000 (unaudited) and February 29, 2000                        3

                  Statements  of Operations  for Three Months and Nine Months Ended  November 30, 2000 and        4
                  1999 (unaudited)

                  Statements of Cash Flows for the Nine Months Ended November 30, 2000 and 1999                   5
                  (unaudited)
                  Notes to the Financial Statements (unaudited)                                                   6
Item 2.           Management's Discussion and Analysis                                                            8


                                                 Part II. Other Information

Item 1.           Legal Proceedings                                                                              11
Item 2.           Changes in Securities                                                                          11
Item 6.           Exhibits and Reports on Form 8-K                                                               11

Signature                                                                                                        12
</TABLE>

                                       2
<PAGE>


                          PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                                  ENETPC, INC.

                                 BALANCE SHEETS

                                                      NOVEMBER 30    FEBRUARY 29
                                                         2000           2000
                                                      -----------    -----------
                                                       (Unaudited)

ASSETS
Current assets:
     Cash                                            $   419,150    $   496,486
     Accounts receivable, less allowance
         for doubtful accounts - $68,466
         at November 30, 2000 and
         $80,500 at February 29, 2000                  1,421,296        574,506
     Inventories                                         259,771        295,511
     Prepaid expenses                                     26,166         30,216
                                                     -----------    -----------
Total current assets                                   2,126,383      1,396,719

Property and equipment:
     Office equipment and furniture                      427,631        260,949
     Leasehold improvements                               37,270         37,270
     Production equipment                                 69,811         46,915
                                                     -----------    -----------
                                                         534,712        345,134
     Accumulated depreciation                           (280,746)      (222,656)
                                                     -----------    -----------
                                                         253,966        122,478

Goodwill                                                  17,981           --
                                                     -----------    -----------

Total assets                                         $ 2,398,330    $ 1,519,197
                                                     ===========    ===========


LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
     Notes payable                                   $   636,836    $      --
     Accounts payable                                    146,303        239,329
     Accrued payroll and payroll taxes                     6,431         39,874
     Accrued liabilities                                   6,083         38,176
                                                     -----------    -----------
Total current liabilities                                795,653        317,379

Shareholders' equity:
     Common stock, $.01 par value
         Authorized shares - 20,000,000
         Issued and outstanding shares - 4,691,496
              at November 30, 2000 and 4,333,095
              at February 29, 2000                        46,915         43,331
     Additional paid-in capital                        4,694,607      3,069,049
     Deferred compensation                              (626,593)      (237,370)
     Accumulated deficit                              (2,512,252)    (1,673,192)
                                                     -----------    -----------
Total shareholders' equity                             1,602,677      1,201,818
                                                     -----------    -----------

Total liabilities and shareholders' equity           $ 2,398,330    $ 1,519,197
                                                     ===========    ===========

SEE ACCOMPANYING NOTES
                                       3
<PAGE>
<TABLE>
<CAPTION>

                                            ENETPC, INC.

                                STATEMENTS OF OPERATIONS (UNAUDITED)



                                             THREE MONTHS ENDED               NINE MONTHS ENDED
                                                 NOVEMBER 30                     NOVEMBER 30
                                            2000            1999            2000           1999
                                            ----            ----            ----           ----

<S>                                    <C>             <C>             <C>             <C>
Sales                                  $  3,587,011    $  1,235,027    $ 10,167,654    $  3,350,049
Cost of sales                             3,453,961       1,008,678       9,423,602       2,750,616
                                       ------------    ------------    ------------    ------------
Gross profit                                133,050         226,349         744,052         599,433

Operating expenses:
     General and administrative             452,343         280,104       1,214,787         793,490
     Sales and marketing                     96,293           9,243         264,619          32,026
                                       ------------    ------------    ------------    ------------
                                            548,636         289,347       1,479,406         825,516
                                       ------------    ------------    ------------    ------------
Loss from operations                       (415,586)        (62,998)       (735,354)       (226,083)

Other income (expense):
     Interest income                          1,736             115           9,428           1,887
     Interest expense                        (8,009)         (4,995)        (52,868)         (7,219)
     Other income (expense)                 (25,319)         23,815         (60,264)         22,023
                                       ------------    ------------    ------------    ------------
                                            (31,592)         18,935        (103,704)         16,691
                                       ------------    ------------    ------------    ------------

Net loss                               $   (447,178)   $    (44,063)   $   (839,058)   $   (209,392)
                                       ============    ============    ============    ============

Net loss per common share - basic
     and diluted                       $      (0.10)   $      (0.01)   $      (0.19)   $      (0.05)
                                       ============    ============    ============    ============

Weighted average common shares
     outstanding - basic and diluted      4,691,496       3,928,095       4,510,397       3,928,095
                                       ============    ============    ============    ============

SEE ACCOMPANYING NOTES
</TABLE>


<PAGE>
<TABLE>
<CAPTION>



                                     ENETPC, INC.

                         STATEMENTS OF CASH FLOWS (UNAUDITED)

                                                           NINE MONTHS ENDED NOVEMBER 30
                                                               2000           1999
                                                               ----           ----
<S>                                                        <C>            <C>
CASH FLOWS USED IN OPERATING ACTIVITIES
Net loss                                                   $  (839,058)   $  (209,392)
Adjustments to reconcile net loss to net cash used in
      operating activities:
            Depreciation and amortization                      218,867         57,363
            Changes in operating assets and liabilities:
                  Accounts receivable                         (846,790)        (9,076)
                  Inventories                                   35,740        182,134
                  Insurance receivable                            --          246,380
                  Deferred financing costs                        --           (5,000)
                  Prepaid expenses                               4,050           (437)
                  Goodwill                                     (17,981)          --
                  Accounts payable                             (93,026)      (342,070)
                  Accrued expenses                             (65,538)      (124,320)
                                                           -----------    -----------
Net cash used in operating activities                       (1,603,736)      (204,418)

CASH FLOWS USED IN INVESTING ACTIVITIES
Purchases of property and equipment                           (189,578)        (6,849)
                                                           -----------    -----------
Net cash used in investing activities                         (189,578)        (6,849)

CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from notes payable                                900,000           --
Payments on  line of credit                                       --         (150,000)
Net proceeds from sale of stock                                179,142           --
Net proceeds from loans                                        636,836        357,104
                                                           -----------    -----------
Net cash provided by financing activities                    1,715,978        207,104

 Decrease in cash                                              (77,336)        (4,163)
Cash at beginning of period                                    496,486         73,191
                                                           -----------    -----------
Cash at end of period                                      $   419,151    $    69,028
                                                           ===========    ===========

Supplemental Information:
            Notes Payable converted to Common Stock        $   926,475

SEE ACCOMPANYING NOTES
</TABLE>

                                       4

<PAGE>


                                  ENETPC, INC.

                    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)

Note 1.  BASIS OF PRESENTATION

The accompanying  unaudited financial statements of eNetpc, Inc. (the "Company")
as of November  30, 2000 and for the three and nine months  ended  November  30,
2000 and 1999 have been  prepared by the  Company,  without  audit,  pursuant to
rules and regulations of the Securities and Exchange Commission ("SEC"). Certain
information and footnote disclosures,  normally included in financial statements
prepared in accordance with generally accepted accounting principles,  have been
condensed or omitted pursuant to such rules and  regulations.  In the opinion of
management,  the financial  statements  included in this Form 10-QSB include all
adjustments,  consisting  only of normal and recurring  adjustments,  considered
necessary for a fair  presentation of the financial  position and the results of
operations and cash flows for the periods  presented.  Operating results for the
three and nine months ended November 30, 2000 are not necessarily  indicative of
the results  that may be expected for the year ending  February 28, 2001.  These
condensed  financial  statements  and  footnote  disclosures  should  be read in
conjunction  with the financial  statements  and footnotes  thereto for the year
ended February 29, 2000, included in the Company's Annual Report on Form 10-KSB.
The  preparation  of the  financial  statements  in  conformity  with  generally
accepted  accounting  principles  requires  management  to  make  estimates  and
assumptions  that  affect  amounts  reported  in the  financial  statements  and
accompanying notes to the financial statements. Actual results could differ from
those estimates.


Note 2.  INVENTORIES

Inventories  are stated at the lower of cost  (first-in,  first-out)  or market.
Inventories consist principally of purchased components.

Note 3.  NOTE PAYABLE

The  Company's  revolving  lines of credit of $300,000 and $150,000  with a bank
were not renewed.  The Company  entered  into a new loan and security  agreement
with a financing  institution in October, 2000 in the amount of $2,500,000 which
allows an advance of up to 85% of the Company's eligible accounts  receivable at
an annual interest rate of prime plus 4% (prime rate at November 30, 2000 is 9.5
%).  Borrowings  under this  agreement are secured by the  Company's  assets and
guaranteed by the majority shareholder.  Borrowings totaled $636,836 at November
30, 2000.


Note 4.  SEGMENT AND GEOGRAPHIC DATA

The Company has one  reportable  segment,  computer  systems and products.  This
segment,  which is  comprised  of the  CyberStar,  VAR and Virtual  Distribution
(formerly ITC) divisions,  distributes branded and proprietary  computer systems
and peripheral  equipment.  CyberStar  distributes  its products  throughout the
United  States.  The VAR division  sells its  products  through  resellers.  The
Virtual  Distribution  division  was  started  in  April  2000  and  distributes
domestically  and  internationally  tier-one  computer  hardware,  software  and
peripherals to large computer resellers.


                                       6
<PAGE>


The following table presents sales information by division:
<TABLE>
<CAPTION>

                                   THREE MONTHS ENDED          NINE MONTHS ENDED
                                        NOVEMBER 30                NOVEMBER 30
                                   2000           1999        2000           1999
                                   ----           ----        ----           ----
<S>                             <C>           <C>           <C>           <C>
NET SALES
---------
CyberStar(R)division            $   215,487   $   738,041   $ 1,129,703   $ 2,182,053
VAR division                        314,328       496,986       751,448     1,167,996
Virtual Distribution division     3,057,196          --       8,286,503          --
                                -----------   -----------   -----------   -----------

                                $ 3,587,011   $ 1,235,027   $10,167,654   $ 3,350,049
                                ===========   ===========   ===========   ===========
</TABLE>



Note 5. NET LOSS PER COMMON SHARE

Basic net income/loss per share is computed based on the weighted average number
of common  shares  outstanding  during each  period.  Diluted net loss per share
includes the incremental shares assumed issued on the exercise of stock options.
Basic  and  diluted  net loss per  share are  equal  because  the  effect of the
outstanding stock options and warrants is antidilutive.

Note 6. STOCK EXCHANGE

On  April  1,  2000  eNetpc  entered  into  a  Stock  Exchange   Agreement  (the
"Agreement") with the shareholders of International  Trade Center, Inc. ("ITC"),
a global  distributor of computer and computer related  accessories,  to acquire
all of the issued and outstanding  stock of ITC. All of the conditions  required
to close the  transaction  were  completed June 21, 2000 and on that date eNetpc
acquired all of the issued and outstanding stock of ITC.

Under the terms of the  Agreement,  at closing,  eNetpc  issued  9,576 shares of
eNetpc  common  stock  in  exchange  for the  stock  of  ITC.  The  four  former
shareholders of ITC, now employees of eNetpc,  were also each granted options to
purchase  25,000 shares of eNetpc  common stock at $1.75 per share.  The options
become  exercisable  five years after their issuance and may become  exercisable
three years after  their  issuance,  if certain  performance  criteria  are met.
Compensation  expense of $550,000 will be amortized over the vesting period as a
result of granting these options.

Note 7.  NOTES PAYABLE

In April and May 2000, the Company entered into various notes totaling $900,000.
The notes bear interest at prime plus 4% and are due in April and May 2001.  The
notes are unsecured. In July 2000, $926,475 representing principal and interest,
was converted to 308,825 shares of common stock.

                                       7
<PAGE>



ITEM 2.      MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
             RESULTS OF OPERATIONS

                              RESULTS OF OPERATIONS

The  following  table  sets  forth,  for the  periods  indicated,  statement  of
operations data as a percentage of net sales:

                              Three Months Ended   Nine Months Ended
                                  November 30         November 30

                                2000     1999      2000       1999
                                ----     ----      ----       ----

Sales                          100.0%    100.0%    100.0%    100.0%
Cost of sales                   96.3      81.7      92.7      82.1
                               -----     -----     -----     -----
Gross profit                     3.7      18.3       7.3      17.9
                               -----     -----     -----     -----

Operating expenses
General and administrative      12.6      22.7      11.9      23.7
Sales and marketing              2.7       0.7       2.6       0.9
                               -----     -----     -----     -----
                                15.3      23.4      14.5      24.6
                               -----     -----     -----     -----

Loss from operations           (11.6)     (5.1)     (7.2)     (6.7)

Other income (expense)          (0.9)      1.5      (1.0)      0.5
                               ------    -----     ------     -----

Net loss                       (12.5)%    (3.6)%    (8.2)%    (6.2)%
                               ======    ======    ======    ======


COMPARISON OF THE THREE MONTHS ENDED NOVEMBER 30, 2000 AND 1999

NET SALES. Net sales increased  $2,351,984 or 190.4%, to $3,587,011 in the three
months ended November 30, 2000 compared to $1,235,027 for the three months ended
November 30, 1999.  CyberStar (R) division sales decreased  $522,554 to $215,487
in the third quarter of fiscal 2001 from $738,041 in the third quarter of fiscal
2000. VAR division sales decreased  $182,658 to $314,328 in the third quarter of
fiscal  2001  from  $496,986  in the  third  quarter  of  fiscal  2000.  Virtual
Distribution  division  sales were  $3,057,196  for the third  quarter of fiscal
2001, the 2nd full quarter of its operations.

GROSS PROFIT. Gross profit for the third quarter of fiscal 2001 was $133,050, or
3.7% of net sales,  compared to  $226,349,  or 18.3% of net sales,  in the prior
year.  The  decrease in gross  profit is due  primarily  to lower  gross  profit
margins  on sales in the  Virtual  Distribution  division,  which is  becoming a
larger percentage of the total overall volume. Intense downward market pressures
on price in the  traditional  Cyberstar  and VAR  business  units is the primary
cause for the decrease in gross  profit in these  divisions.  In  addition,  the
Company  made  charges  to cost of  sales  of  $61,716,  in the  third  quarter,
primarily due to obsolete inventory recognition.

OPERATING EXPENSES.  General and administrative expenses were $452,343, or 12.6%
of net sales, in the third quarter of fiscal 2001 compared to $280,104, or 22.7%
of net  sales,  in the  third  quarter  of fiscal  2000.  This  increase  is due
primarily to the addition of the ITC  organization,  resulting in an increase in
salary and other employee related expenses of $87,427,  amortization of deferred
option  compensation of $61,679,  and an increase of $69,088 in professional and
consulting fees. Sales and marketing expenses increased by $87,050 due primarily
to commissions paid on sales in the Virtual Distribution division.


                                      8
<PAGE>

The loss from  operations  increased  by  $352,588  to  $(415,586)  in the third
quarter of fiscal 2001 from $(62,998) in fiscal 2000,  reflecting an increase in
operating expenses of $259,289 and a decrease in gross profits of $(93,299).

Interest  expense  increased by $3,014 to $8,009 in the third  quarter of fiscal
2001 from $4,995 in fiscal 2000 due to  increased  borrowings  on a bank line of
credit and other short-term borrowings.

The Company  incurred  other expense of $(25,319) in the third quarter of fiscal
2001 as compared to the receipt of other income of $23,815 in fiscal 2000.  This
primarily results from adjustments from a prior year of $(22,661).

As a  result  of the  foregoing  factors,  net loss  increased  by  $403,115  to
$(447,178) in the third quarter of fiscal 2001 from $(44,063) in fiscal 2000.

COMPARISON OF THE NINE MONTHS ENDED NOVEMBER 30, 2000 AND 1999

NET SALES. Net sales increased by $6,817,605,  or 203.5%,  to $10,167,654 in the
nine months ended  November 30, 2000 compared to $3,350,049  for the nine months
ended November 30, 1999.  CyberStar (R) division sales  decreased by $1,052,350,
or 48.2%,  to $1,129,703 in the nine months ended  November 30, 2000 compared to
$2,182,053 for the same period in fiscal 2000.  VAR division sales  decreased by
$416,548,  or 35.7%,  to  $751,448 in the nine months  ended  November  30, 2000
compared to $1,167,996 for the same period in fiscal 2000.

Virtual  Distribution  division sales were  $8,286,503 for the nine months ended
November 30, 2000. Virtual Distribution division sales were approximately 82% of
total sales in the nine months  ended  November 30, 2000,  while  CyberStar  (R)
division sales accounted for  approximately  11% and VAR division  accounted for
approximately 7%.

GROSS  PROFIT.  Gross  profit for the nine months  ended  November  30, 2000 was
$744,052,  or 7.3% of net sales,  compared to $599,433, or 17.9% of net sales in
the prior  year.  The  increase  in gross  profit  dollars is due  primarily  to
increased  sales volume,  while the decrease in the gross profit margin  results
from lower gross profit margins on sales in the Virtual Distribution division.

OPERATING  EXPENSES.  General and  administrative  expenses were $1,214,787,  or
11.9% of net sales,  for the nine months  ended  November  30, 2000  compared to
$793,490,  or 23.7% of net sales for the nine months  ended  November  30, 1999.
This increase is due primarily to additional staff,  resulting in an increase in
salary and other employee  related  expenses of $256,791,  and  amortization  of
deferred option compensation of $181,337. Sales and marketing expenses increased
by  $232,593,  due  primarily  to  commissions  paid  on  sales  in the  Virtual
Distribution division.

The loss from operations  increased by $509,271 to $(735,354) in the nine months
ended November 30, 2000 from  $(226,083) in fiscal 2000,  reflecting an increase
in  operating  expenses  of $653,890  offset by an increase in gross  profits of
$144,619.

Interest  expense  increased  by $45,649 to  $52,868  in the nine  months  ended
November 30, 2000 from $7,219 in fiscal 2000 due to increased borrowings on bank
lines of credit and other short-term borrowings.

The  Company  incurred  other  expense of  $(60,264)  in the nine  months  ended
November  30, 2000 as  compared to receipt of $22,023 of other  income in fiscal
2000,  primarily due to increased bad debt  expenses  $(34,480) and  adjustments
from a prior year $(22,661).

                                       9
<PAGE>

As a  result  of the  foregoing  factors,  net loss  increased  by  $629,666  to
$(839,058) in the nine months ended November 30, 2000 from  $(209,392) in fiscal
2000.

LIQUIDITY AND CAPITAL RESOURCES

The Company's  cash  position at November 30, 2000 was  $419,150,  a decrease of
$77,336  from  $496,486  at February  29,  2000.  During the nine  months  ended
November 30, 2000,  net cash used in operating  activities  was  $1,603,736  due
primarily to the net loss of  $839,058,  an increase in accounts  receivable  of
$846,790 and decreases in inventory of $35,740,  accounts payable of $93,026 and
accrued expenses of $65,538.  The increase in accounts  receivable is the result
of increased  sales. The reduction in accounts payable is due to shorter payment
terms from vendors in the Company's Virtual  Distribution  division.  During the
six months ended  November 30, 1999,  net cash used by operations  was $204,418,
primarily due to the net operating loss.

Net cash used in investing activities in the nine months ended November 30, 2000
was  $189,578  due  to  the  purchases  of  equipment,  computers  and  software
development.  Net cash used in  investing  activities  for the nine months ended
November  30,  1999 was  $6,849  primarily  due to the  purchases  of $15,058 of
equipment  and  computers,  offset  by  proceeds  of  $8,428  from  the  sale of
equipment.

Net cash provided by financing activities of $1,715,978 in the nine months ended
November  30, 2000  consisted of $900,000  from the  proceeds of notes  payable,
$179,142  from  the  sale  of  common  stock,  and  $636,836  borrowed  under  a
receivables  financing  agreement.  Net cash of $207,104  provided by  financing
activities  for the nine months ended November 30, 1999 consisted of payments on
outstanding  borrowings under a revolving line of credit offset by proceeds from
receivables financing.

The  Company's  revolving  lines of credit of $300,000 and $150,000  with a bank
were not renewed.  The Company entered into a loan and security agreement in the
amount of  $2,500,000  which  allows an  advance  of up to 85% of the  Company's
eligible accounts  receivable at an annual interest rate of prime plus 4% (prime
rate at November 30, 2000 is 9.5 %). Borrowings under this agreement are secured
by the Company's assets and guaranteed by the majority  shareholder.  Borrowings
totaled $636,836 at November 30, 2000.

Forward-Looking Statements
--------------------------

Forward-looking   statements  herein  are  made  pursuant  to  the  safe  harbor
provisions of the Private  Securities  Litigation  Reform Act of 1995. There are
certain  important  factors that could cause results to differ  materially  from
those anticipated by some of the statements made herein. Investors are cautioned
that all  forward-looking  statements  involve risks and uncertainty.  Among the
factors that could cause actual results to differ  materially are the following:
market acceptance of new products,  changes in competitive environment,  general
conditions  in the  industries  served  by  the  Company's  products,  continued
availability  of financing and related costs,  and overall  economic  conditions
including inflation.


                                       10
<PAGE>



                           PART II. OTHER INFORMATION



Item 1. Legal Proceedings.

         In its Report on Form  10-KSB for the fiscal  year ended  February  29,
2000, the Company  reported an action  brought  against the Company by Martin J.
McIntyre.  Initially  Mr.  McIntyre  claimed  he was  entitled  to  $200,000  in
commissions in connection with an agreement he had with the Company. In November
2000, Mr.  McIntyre  amended his claim to demand  approximately  $450,000.  This
matter was heard by an arbitration  panel in December 2000. No decision has been
rendered.

         There have been no further  developments in the action  involving Euler
Solutions, Inc., reported in the Company's Report on Form 10-QSB for the quarter
ended May 31, 2000.


Item 2.  Changes in Securities.

         On June 21,  2000,  the Company  issued an aggregate of 9,576 shares of
its common stock to the four  shareholders of International  Trade Center,  Inc.
("ITC"),  in exchange for all of the outstanding stock of ITC. In addition,  the
four  shareholders  were each granted  options to purchase  25,000 shares of the
Company's common stock at $1.75 per share.

         On July  14,  2000,  the  Company  converted  promissory  notes  in the
aggregate  principal amount of $900,000,  plus $26,475 in accrued  interest,  to
308,825 shares of its Common Stock.

         No underwriter  or selling agent was used in connection  with either of
the above  transactions.  The  exemption  available  under  Section  4(2) of the
Securities Act for sales not involving a public offering was relied upon in both
instances.


Item 6.  Exhibits and Reports on Form 8-K

        (a)   Exhibits

              4  - Loan and Security  Agreement dated as of October 9, 2000,
                   by and between Capital Business Credit and eNetpc, Inc.


         (b)  Reports on Form 8-K

              An amendment to Report on Form 8-K dated June 21, 2000, reporting
              under items 5 and 7, was filed on October 11, 2000.

                                       11
<PAGE>


                                    SIGNATURE
                                    ---------

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                                   ENETPC, INC.


Dated:  January  15, 2001                          By  /s/ Jonathan J. Bumba
                                                     ---------------------------
                                                     Jonathan J. Bumba
                                                     Its Chief Executive Officer




                                       12